Splicing Tapes Market Anticipated to Expand at a CAGR of 2.7% during the Forecast Period 2026: Reports and Data | 3M, Avery Dennison Corporation, Nitto Denko Corporation, Scapa Group Plc, etc.

The splicing tapes market is expected to reach USD 661.7 Million by 2026, according to a new report by Reports and Data. The global splicing tapes market is principally driven by the growing demand from the paper & printing sector. Paper & printing and packaging industries are growing at a rapid pace, due to the rise in population and digitization across the globe. Splicing tapes are utilized in tabbing and holding of lithium-ion batteries. They are used in various electronics items for color coding in the electronics industry. The growing demand for lithium-ion batteries is expected to encourage the splicing tapes market during the forecast period.

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The market in North America is anticipated to witness a CAGR of 3.1% during the forecast period. The market is characterized by innovative product development and growing use of splicing tapes in the packaging sector in the region.

The Key players in the Splicing Tapes Market include 3M, Avery Dennison Corporation, Nitto Denko Corporation, Scapa Group Plc, Intertape Polymer Group, Inc., Tesa SE, Shurtape Technologies, Llc, Orafol Europe Gmbh, and Adhesive Research, Inc.ECHOtape.

For the purpose of this study, Reports and Data have segmented the market on the basis of Resin, Material, End User, and region:

Resin Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
o Acrylic
o Rubber
o Silicone

Material Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
o Paper/Tissue
o Pet/Polyester
o Non-Woven

End User Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
o Paper & Printing
o Electronics
o Packaging
o Labeling
o Others

Regional Outlook (Revenue in USD Million; 2016-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)

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Further key findings from the report suggest
o The Splicing Tapes Market is estimated to reach USD 661.7 Million by 2026, at a CAGR of 2.7% during the forecast period.
o Digitalization method has pushed the market of online shopping, which has developed a trend for packaging and labeling.
o Increasing demand for splicing tapes in the paper & printing and packaging industries is because of the expansion in population and digitalization in various parts of the globe.
o The acrylic resin accounts for the largest share of 37.7% of the market in 2018.
o The trend of Acrylic resin type is expanding owing to technological innovations in the automobile industries and electronics industries. Adhesive technology maturity is also leading to replacing functional technologies for bonding and increasing applications for specialty tapes in binding and adhering.
o The paper/tissue material segment is anticipated to grow at the highest rate of 3.2% during the forecast period...Continued

Reasons to buy this market intelligence report
1. Detailed market evaluation both at regional and global levels.
2. Significant changes in market scenario, along with an extensive competitive analysis
3. Classification of the industry based on product type, application, and region
4. Market segments segregated on the basis of type, application, and geography
5. Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales
6. Investigation of significant developments in the market dynamics
7. Market segments and regions

Go through our meticulously drafted TOC, Tables, Statistics, Charts, and Company profiles: - https://www.reportsanddata.com/report-detail/splicing-tapes-market

In conclusion, the Splicing Tapes Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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